Copyright - 2008 Movidan, Inc. All rights reserved. 1 Dont think, however, that we have lost our taste for risk. We remain prepared to lose $6 billion.

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Presentation on theme: "Copyright - 2008 Movidan, Inc. All rights reserved. 1 Dont think, however, that we have lost our taste for risk. We remain prepared to lose $6 billion."— Presentation transcript:

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Copyright Movidan, Inc. All rights reserved. 1 Dont think, however, that we have lost our taste for risk. We remain prepared to lose $6 billion in a single event, if we have been paid appropriately for assuming that risk. We are not willing, though, to take on even very small exposures at prices that dont reflect our evaluation of loss probabilities…Our behavior here parallels that which we employ in financial markets: Be fearful when others are greedy, and be greedy when others are fearful. Warren Buffett, 2006 Shareholder Letter3

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Copyright Movidan, Inc. All rights reserved. 4 Introduction Security Program developer for several wireless telecom providers Developed the Risk Management program for Cingular Founded the Mobile Technology Security Center at AT&T Now consulting at another Seattle area wireless telecom provider

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Copyright Movidan, Inc. All rights reserved. 5 Definitions Feature vs. Smartphones Feature phone – simple PIM and browser, limited capability Smartphone – full-featured PIM, browser, and other applications Mobile Worker Regularly works out of office or on the road Company-Owned vs. Personally-Owned Smartphones Defined by who owns the smartphone at the end of the day

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Copyright Movidan, Inc. All rights reserved. 6 Survey Questions A smartphone with company data – either personally or company owned? Support mobile workers with smartphones? Only allow company-owned smartphones to hold sensitive data? Have clear policies and requirements governing the use of those smartphones? Know what to do if your smartphone is lost or stolen?

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Copyright Movidan, Inc. All rights reserved. 7 In the News Good News… By 2010, smartphones will be primary tool of mobile workforce… Ray Kurzweil, 2007 RSA conference Size and Growth of Smartphone Market Will Exceed Laptop Market for Next Five Years Smartphone OS-based phones will grow at more than a 30% compound annual growth rate for the next five years globally… Instat.com, 11/13/2007 Not so good news… Mobile malware very active in first quarter of 2008 Kaspersky, SC Magazine, 5/12/08 McAfee warns of mobile-malware threat ZD Net Asia, 2/13/08

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Copyright Movidan, Inc. All rights reserved. 9 Dont think, however, that we have lost our taste for risk. We remain prepared to lose $6 billion in a single event, if we have been paid appropriately for assuming that risk. We are not willing, though, to take on even very small exposures at prices that dont reflect our evaluation of loss probabilities…Our behavior here parallels that which we employ in financial markets: Be fearful when others are greedy, and be greedy when others are fearful. -Warren Buffett, 2006 Shareholder Letter3